Afh Financial (LSE: AFHP)
Intraday stock chart
Monday, August 3, 2020
RNS number: 8269U
AFH Financial Group Plc
August 03, 2020
August 3, 2020
AFH Financial Group plc
("AFH" or the "company")
The Board of Directors of AFH, a leading financial planning-led investment management company, announces that 32,102 new 10 pence common shares of the Company (the "new common shares") have been admitted to trading on AIM. 19,271 new common shares were issued and allocated as part of the exercise of stock options under the AFH EMI stock option plan. 5,535 new ordinary shares were issued and allocated as part of the exercise of stock options within the AFH Financial Group Plc CSOP. As part of the exercise of stock options as part of the AFH Growth Share program, 7,296 new ordinary shares were issued and allocated. In all respects, the new ordinary shares will rank equally with the company's existing ordinary shares.
665 of the stock options have an exercise price of £ 1.505; 1,845 of the stock options have an exercise price of £ 1.625; 6,606 of the stock options have an exercise price of £ 1.65; 12,000 of the stock options have an exercise price of £ 1.69; 3,690 of the stock options have an exercise price of £ 2.71 and 7,296 of the shares have an exercise price of £ 3.18. The new ordinary shares are expected to be admitted to trading on AIM on August 6, 2020.
After the issue of the new ordinary shares, the issued share capital of the company comprises 42,981,495 ordinary shares of 10 pence each.
The total number of ordinary shares of AFH with voting rights is therefore 42,981,495. This number represents the total voting right in the company and can be used by the shareholders as a denominator for the calculations on the basis of which they determine whether they have to report their interest in or a change in their interest in or a change in their interest. Interest in the company in accordance with the Financial Conduct Authority's disclosure and transparency rules.
For further information please contact:
AFH Financial Group PLC 01527 577 775
Alan Hudson, CEO
Paul Wright, chief financial officer
Liberum ( Nominated Adviser and Joint Broker) 020 3100 2000
John Fishley / Richard Bootle / Euan Brown
Shore Capital (Joint Broker) 020 7408 4090
Hugh Morgan / Edward Mansfield / Daniel Bush
Yellow Jersey PR Limited (Financial PR) 0776 932 5254
Joseph Burgess / Georgia Colkin / Annabel Atkins
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made on behalf of the company by Paul Wright, Chief Financial Officer.
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(END) Dow Jones Newswires
August 03, 2020 2:00 AM ET (6:00 AM GMT)
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